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Option Spread Templates

Spread Templates make it easy to create two-legged spreads by providing a pick-list of popular strategies.

To use Spread Templates

  1. Open details for an instrument (tap the instrument twice from a Watchlist) then tap “Spreads” from the top row of action buttons.

    Note:  Alternatively, you can select "Spread Template" from the instrument type list when adding an asset to your Watchlist.

    1. Using the drop-down list ( in bottom image) at the top of the Spread Template, select a strategy (Calendar, Vertical, Diagonal).
    2. Choose "Calls" or "Puts" ( in bottom image) and if needed, define data filters or filter out weekly contracts ( in bottom image).
  2. Once settings and filters are defined, swipe through strategies in the grid to compare and find the best available combination strategies based on spread, price, Delta and Gamma.
  3. Tap a box to add the strategy to the Strategy Builder below the grid. Gamma and Delta are shown along with the combo premium, and these values update automatically if you edit the strategy.

    Note:  If you don't see the Strategy Builder, tap and drag the horizontal line above "LEGS" to view. ( in below image).

  4. You can easily remove legs or change the leg ratio or leg side. Once your strategy is complete, tap an icon below the legs to:

    Add to your Watchlist

    Trade the spread

    Open the Instrument Details window for the strategy

 

Tap the "down" arrow to view more data, then swipe right-to-left to view all columns.

Use the drop-down to select a spread type.

Toggle the first leg between Calls and Puts.

Tap to configure filters such as time period, trading class, and display features like column size, columns to display, and the order in which visible columns appear.

Tap the line and drag up to display the Strategy Builder.